FED raised interest rates

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The Guardian: Federal Reserve raises interest rates despite pressure from Trump

Article published: December 19, 2018

IB Economics syllabus: Macroeconomics (monetary policy)

The Federal Reserve (Central Bank of the United States) has increased the interest rates for the 5th time this year. According to the chairman, the U.S. is a healthy economy and there is no need for very low interest rates to boost it further as “US unemployment rate has dropped to levels unseen since 1969 and inflation has remained low.”

Source of image: Jim Lo Scalzo/EPA

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By EconDaddy IB Economics tutor|2022-01-13T10:41:10+00:00December 20th, 2018|Macro|Comments Off

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My name is Daniel Szekely and I work as an IB Economics tutor, examiner and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I started my career as a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher. Currently, I teach IB Economics at SEK Budapest International School and have been an examiner for over 8 years. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.